GLOBAL MARKETS-Stocks Dip, Treasury Yields Jump as Oil Pushes Higher

GLOBAL MARKET - BOSTON. Global shares fell and benchmark Treasury yields spiked on Wednesday after data showed U.S. inflation picked up as expected while oil prices resumed their climb as the U.S.-Israeli war on Irandragged on. 

Data from the Labor Department showed the consumer price index rose 0.3% in February, in line with forecasts and above January's 0.2% increase.